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Note 10 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

		*Three Months Ended September 30, 2024*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	155,683			$	20,545			$	21,749			$	—			$	—			$	13,884			$	211,861
Downtown Las Vegas			33,586				10,622				6,309				—				—				2,783				53,300
Midwest & South			440,823				41,561				22,168				—				—				17,848				522,400
Online			—				—				—				141,312				—				—				141,312
Managed & Other			10,436				—				—				—				21,030				907				32,373
Total Revenues		$	640,528			$	72,728			$	50,226			$	141,312			$	21,030			$	35,422			$	961,246

		*Three Months Ended September 30, 2023*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	165,153			$	21,454			$	21,324			$	—			$	—			$	13,902			$	221,833
Downtown Las Vegas			31,916				9,876				5,312				—				—				2,441				49,545
Midwest & South			433,650				39,656				22,084				—				—				17,638				513,028
Online			—				—				—				90,288				—				—				90,288
Managed & Other			10,449				—				—				—				17,153				868				28,470
Total Revenues		$	641,168			$	70,986			$	48,720			$	90,288			$	17,153			$	34,849			$	903,164

		*Nine Months Ended September 30, 2024*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	480,054			$	66,340			$	72,202			$	—			$	—			$	43,941			$	662,537
Downtown Las Vegas			104,032				32,122				19,770				—				—				8,608				164,532
Midwest & South			1,309,360				123,899				59,796				—				—				51,861				1,544,916
Online			—				—				—				417,412				—				—				417,412
Managed & Other			32,040				—				—				—				64,527				3,315				99,882
Total Revenues		$	1,925,486			$	222,361			$	151,768			$	417,412			$	64,527			$	107,725			$	2,889,279

		*Nine Months Ended September 30, 2023*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	513,460			$	66,436			$	70,000			$	—			$	—			$	43,147			$	693,043
Downtown Las Vegas			102,765				30,515				17,797				—				—				8,016				159,093
Midwest & South			1,317,175				115,985				60,749				—				—				50,138				1,544,047
Online			—				—				—				298,153				—				—				298,153
Managed & Other			32,805				—				—				—				54,629				2,310				89,744
Total Revenues		$	1,966,205			$	212,936			$	148,546			$	298,153			$	54,629			$	103,611			$	2,784,080

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

		*Three Months Ended*								*Nine Months Ended*
		*September 30,*								*September 30,*
*(In thousands)*		*2024*				*2023*				*2024*				*2023*
Adjusted EBITDAR
Las Vegas Locals		$	96,414			$	105,985			$	316,105			$	350,540
Downtown Las Vegas			16,511				15,857				56,344				57,876
Midwest & South			196,867				190,588				573,316				591,105
Online			26,005				11,005				63,538				45,028
Managed & Other			22,529				18,997				70,450				60,094
Corporate expense			(21,694	)			(21,611	)			(68,444	)			(65,314	)
Adjusted EBITDAR			336,632				320,821				1,011,309				1,039,329
Other operating costs and expenses
Deferred rent			162				177				486				531
Master lease rent expense			28,160				27,236				83,247				81,163
Depreciation and amortization			70,344				64,797				198,934				188,577
Share-based compensation expense			7,540				8,033				24,765				28,050
Project development, preopening and writedowns			11,347				2,405				21,954				(11,268	)
Impairment of assets			—				—				10,500				4,537
Other operating items, net			(906	)			301				4,947				959
Total other operating costs and expenses			116,647				102,949				344,833				292,549
Operating income			219,985				217,872				666,476				746,780
Other expense (income)
Interest income			(392	)			(1,585	)			(1,241	)			(22,445	)
Interest expense, net of amounts capitalized			46,208				42,352				131,466				128,933
Other, net			189				(30	)			289				596
Total other expense, net			46,005				40,737				130,514				107,084
Income before income taxes			173,980				177,135				535,962				639,696
Income tax provision			(42,852	)			(41,902	)			(128,516	)			(112,278	)
Net income		$	131,128			$	135,233			$	407,446			$	527,418

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

		*September 30,*				*December 31,*
*(In thousands)*		*2024*				*2023*
Assets
Las Vegas Locals		$	1,618,234			$	1,634,732
Downtown Las Vegas			289,410				295,494
Midwest & South			3,814,474				3,805,301
Online			184,678				155,356
Managed & Other			115,803				124,161
Corporate			279,832				258,082
Total Assets		$	6,302,431			$	6,273,126